SWIFT Tackles Major Friction in Securities Industry with First End-to-End View of Post-Trade Processing

Posted on by Staff Reporter | 12269 Views | 21 min read

SWIFT today announces the successful pilot of SWIFT Securities View, a new capability that significantly increases transparency in post-trade processing and helps prevent costly settlement fails. The new service, which will be available for broad adoption in 2023, addresses one of the biggest challenges in the securities industry. The lack of visibility after a securities

Prophius Partners with Mastercard to Bring Tap on Phone Payments to Small Businesses in Sub-Saharan Africa

Posted on by Staff Reporter | 22230 Views | 12 min read

Prophius to roll out Mastercard Tap on Phone technology, enabling small businesses to accept contactless payments using their NFC-enabled Android phone Prophius today announced the launch of its PayContactless solution certified by Mastercard – a contactless acceptance solution that turns any NFC-enabled Android device into a physical point of sale. This move is expected to

How Behavioural Biometrics Can Protect Organisations and Their Customers Against Fraud

Posted on by Staff Reporter | 13709 Views | 17 min read

The rapid rise in digitisation, self-service onboarding and faster payments has left many banks, financial institutions and their customers at risk from fraudsters and cybercriminals. While many fraud- and risk-management measures severely hamper customer experience, MoData’s AI-driven Behavioural Biometrics platform ensures that the customer experience remains seamless while delivering advanced fraud protection. It does this

Fidelity Partners SMEDAN to Empower SMEs

Posted on by Staff Reporter | 9132 Views | 9 min read

In what has been termed a major move to bridge the gap in helping small businesses access much-needed funding and capacity development initiatives, leading financial institution -Fidelity Bank Plc – has announced a strategic partnership with the Small and Medium Enterprises Development Agency (SMEDAN). At a Memorandum of Understanding (MOU) signing ceremony held in Lagos

Equity Gets Recognition for Championing Sustainable Finance Initiatives in Support of the Region’s Recovery and Resilience

Posted on by Staff Reporter | 11156 Views | 10 min read

Equity clinched top position in Best Bank in COVID-19 Response and Best Bank in SME Financing award categories and 1st Runners-Up in Best Overall Bank  Equity Bank Kenya has been recognized by the Kenya Bankers Association (KBA) at the 2021 SFI Catalyst Awards for its efforts in championing sustainable finance initiatives in support of the region’s

Absa Bank Kenya Partners with Huawei to Build a New Digital Foundation for Branch Networks

Posted on by Staff Reporter | 26782 Views | 41 min read

SD-WAN, as a next-generation technology and service, can help banks connect their branches and promote smart branch upgrades by constructing a powerful network “I see it as Lego blocks where the bottom layer is a strong technology foundation that gives us a platform to offer cutting-edge digital solutions to our customers. A strong, resilient network

Unity Bank Supercharges Core Banking Systems with Huawei OceanStor All-Flash Storage

Posted on by Staff Reporter | 15370 Views | 20 min read

In a financial world that’s developing at unprecedented pace, simply keeping up is a challenge in itself. So how can banks thrive and move ahead? Staying in front of the technology curve is now critical. To set itself apart in the digital era, any bank needs cutting-edge technologies that allow it to quickly and securely

Shoprite Provides Affordable Financing Options to its Suppliers, Including SMMEs

Posted on by Staff Reporter | 6748 Views | 6 min read

The Shoprite Group now helps its suppliers with access to funding at the most affordable rates with the launch of a new supply chain finance product. The CredX finance product, which is often cheaper than bank financing, is available to all of the Group’s suppliers and is expected to assist especially SMMEs, for whom cash flow constraints and access

Ukheshe and Digital PayGo Drive Zambian Business Growth Through the SME in-a-box Merchant Solution

Posted on by Staff Reporter | 19081 Views | 10 min read

Ukheshe’s SME in-a-box solution is making tangible changes to the lives of millions in Zambia through a partnership with Digital PayGo, improving financial inclusion and enhancing business dealings for entrepreneurs. Digital PayGo, a local Zambian fintech driving a mobile-first approach, enhancing the digital payment space for SMEs, is the first partner to utilise Ukheshe’s SME

FirstBank Partners Verve International, Makes Customers Millionaires in the FirstBank Verve Card Promo

Posted on by Staff Reporter | 14737 Views | 8 min read

In partnership with FirstBank – Nigeria’s premier and leading financial inclusion services provider – Verve International, Africa’s leading payment technology and card business, has launched its third National Consumer promo designed to reward users of FirstBank verve card with exciting gifts and cash prizes to appreciate their patronage and use of the card to carry-out